Conflict of Interest
Disclosure Notice

The existence of actual or potential conflicts of interest, means any situation in which AIB Cape or it’s representative has an interest that may influence the objective performance of our obligations or may prevent us from rendering an unbiased financial service.   

We have adopted and implemented a Conflict of Interest Management Policy and we confirm that, in the event that there is a potential conflict of interest in respect of the service rendered or the advice provided, the interest of our client will be accorded priority over our own interests. It is furthermore acknowledged that, whilst a clearly identified conflict of interest will not necessarily cause the provision of financial advice to a client to be significantly compromised, it should nonetheless be disclosed to the client. The client must be afforded the opportunity to decide for him/herself whether the conflict of interest is significant and to what extent he/she will wish to proceed with the specific financial service. 

Staff Incentives:

We confirm that none of our staff are incentivised to give preference to any specific product supplier or product and there are no incentives based on volumes are in place.

Gifts and donations:

It is a generally accepted practice within our industry that gifts, entertainment and donations are provided by Product Suppliers to Intermediaries and vice versa. The rand value is limited per calendar year to R1 000.00 per product supplier per representative and such limitations are dealt with and managed by our Conflict-of-Interest Management Policy

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A full copy of our Conflict-of-Interest Management Policy can be obtained from our offices upon written request to info@aib.co.za.